Income and democracy: Lipset's Law inverted

In this article, we revisit Lipset's law (Lipset 1959), which posits a positive and significant relationship between income and democracy. Using dynamic panel data estimation techniques that account for short-run cross-country heterogeneity in the relationship between income and democracy and t...

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Bibliographic Details
Main Authors: Hoeffler, A, Fayad, G, Bates, R
Format: Working paper
Published: University of Oxford 2011